Iraq and Kazakhstan cut oil production
In line with OPEC+ guidelines, Iraq and Kazakhstan rectify their oil overproduction.
In line with OPEC+ guidelines, Iraq and Kazakhstan rectify their oil overproduction.
Dana Gas, the Emirati company, has announced that it is resuming production at the Khor Mor gas complex in Iraqi Kurdistan, following a drone attack that interrupted operations.
Following a fatal drone strike, Dana Gas suspended operations at its Iraqi gas complex, exacerbating regional tensions.
A recent drone strike targeting a strategic gas complex in Iraqi Kurdistan caused significant injury and disruption, highlighting ongoing regional tensions.
Iraq has signed an agreement with the United States to increase its electrical capacity by 3,000 MW, with the aim of stabilizing its energy network.
The United States is working with Iraq to reduce the polluting practice of gas flaring, with the aim of improving Iraq’s energy self-sufficiency.
The latest OPEC+ data show a slight rise in production in March, despite Saudi efforts to ensure strict compliance. S&P Global’s analysis points to a potentially volatile market.
OPEC+ countries with overproduction in the first quarter of 2024 must submit their compensation plans by April 30, a move designed to stabilize the market.
The expansion of Canada’s Trans Mountain pipeline could redefine the flow of crude oil to Asia in the second quarter of 2024, offering new opportunities for arbitrage and source diversification, economic conditions permitting.
Iraq joins the IAEA to promote the safe and peaceful use of nuclear energy. An approach focused on energy, health and non-proliferation.
VERVANT LTD
71-75 Shelton Street
LONDON WC2H9JQ
UK
Inclus dans cet abonnement: